Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Production and Costs

Question:
A tuition teacher while teaching the chapter of Production wrote three facts about relation between MP and AP.
Fact 1 - When MP falls, AP also falls.
Fact 2 - As long as MP is falling but is higher than AP, AP rises.
Fact 3 - MP cuts AP when AP is maximum.
Then he asked the most intelligent student in the class, Saima to answer which of following facts were wrong.
She replied Sir, fact 1 and 2 are wrong. What do you think?
Options:
Saima is totally wrong
Saima is totally correct
Saima is partially wrong
Saima might be correct
Correct Answer:
Saima is partially wrong
Explanation:
The tuition teacher asked that which fact is WRONG. Saima said first and second. Although first fact is wrong the second and third are correct. So Saima is partially wrong.